+12313778606
The Mitten Group
Turnkey Four-Unit Investment Set on a rare double lot (.19 acres) just off East Front Street's downtown-to-bay corridor, this four-unit property offers a strong income stream in one of Traverse City's most walkable, in-demand locations. Mature trees give the property a shaded, established feel just minutes from downtown shops, restaurants, and the East Bay waterfront. Three of the four units are currently leased, generating $3,425/month in combined rent; Unit 2 is available and listed at $1,750/month. Units 2 and 4 have been most recently updated, and Unit 3 includes its own washer and dryer. Each unit offers a private entryway and an efficient layout that appeals to a steady renter pool. This walk-everywhere location has a track record of long-term tenants. On-site parking for tenants is located in the rear of the building, off the alley. This is a compelling opportunity for an investor to step into immediate cash flow while retaining long-term upside through lease renewals and light updates.
Have you wondered what your home may be worth in today's market? Whether you're considering selling soon or just curious about your property's value, understanding your home's true worth is essential. The real estate market is constantly changing, and online estimates often fail to capture the unique features and local trends that impact your home's value.
Working with an experienced realtor ensures you receive an accurate, professional valuation based on market data, recent sales, and expert insight. A skilled agent will analyze your home's condition, location, and comparable properties to provide a realistic pricing strategy that maximizes your profit and attracts the right buyers. Before making any decisions, let a trusted real estate professional guide you through the process with a comprehensive home valuation. Reach out today to get started!
Listing Courtesy of REO-TCFront-233021. 231-947-9800
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